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Walmart expected to spend $2.85 million remodeling future Boulder site

By Alicia Wallace, Camera Business Writer

Posted:
02/08/2013 12:56:12 PM MST

Updated:
02/08/2013 09:07:49 PM MST

The remodeling work for the planned Walmart Neighborhood Market grocery store in Boulder is expected to cost at least $2.85 million, according to a valuation estimate included on a permit recently approved by the city of Boulder.

The permit, which was approved last week, covers the 51,836-square-foot remodel of 3303 30th St., a Diagonal Plaza space formerly occupied by Ross and PetSmart, into a Walmart Neighborhood Market.

Mark Young Construction Inc., the project's contractor, estimated the work would run just more than $2.85 million, according to the building permit.

Walmart officials Friday declined to disclose a dollar amount for the project and said the estimated value of the building improvements and the cost of construction are unrelated.

After months of speculation — fueled in part by bits of evidence that Walmart was behind a mystery grocery store planned for Diagonal Plaza — officials for the Bentonville, Ark.-based retailer last month confirmed they are opening a store in Boulder.

Officials for Wal-Mart Stores Inc., which is branded as Walmart, said the Boulder location is expected to open this fall.

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